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morning. it's wednesday, february 13th. i'm angela miles. in today's first look:president obama details an ambitious plan for america. now is our best chance for bi partisan comprehensive tax reform that encourages job creation and helps bring down the deficit his solution to virtually every problem we face is for washington to tax more, borrow more and spend more. ahead of the speech, the dow closed above 14,000 yesterday. bank of america was one of the stocks propping up the blue chips. apple fell 2.5%, weighing on the nasdaq. the s&p gained 2 points, while gold and oil edged higher. and the boards of american airline's parent company, amr, and u.s. airways are scheduled for a separate meeting today to talk about a merger. larry shover of sfg alternatives joins us now for some trader talk this morning. good to have you on the show post the president's speech last night. how much will it mean to the markets today? > > you know, it was a really great speech last night, but i think a lot of that was priced into the market, because president obama did lay out his proposals and his plan
morning. it's wednesday, february 20th. i'm angela miles. in today's first look: the short trading week is off to a postive start. the dow made a push above 14,000 and the s&p 500, which is not at a 5 year high. gold had a major sell-off of 32 dollars as oil slipped slightly. in earnings after the close, dell beat the street despite a drop in profits and sales. and herbalife profits, revenues and the company's full-year forecast are all up. perhaps it's all the news coverage giving herbalife a lift. and macy's goes to to court today hoping to persuade a judge to permanently block martha stewart's living omnimedia from its deal with jcp. here to kick off our trading day on this wednesday, mark sebastian of option pit mentoring. i would love to get your reaction to the earnings coming out from dell after the close last night mark. > > yeah, kind of interesting. we daw dell tick up a little bit. i think this lends further credence that maybe that deal price is going to go higher. $13.65, maybe i think we seek something closer to $14 now that these earnings were not bad. > google crossed $8
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